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Advance Salary Loan from Jammu & Kashmir Bank in Raipur

Raipur is the capital city as well as the largest urban agglomerate in the Indian state of Chhattisgarh. It was a part of Madhya Pradesh before the new state of Chhattisgarh was formed in November 2000. Naya Raipur or New Raipur is actually the new capital of the state which is 17 kilometers away from the older city of Raipur. Swami Vivekananda Airport separates these two cities. This city is the administrative headquarters of Raipur District. The current administration is based on its division into 72 wards which are managed by an elected representative. The source of Raipurs economy is mainly from agriculture. Crops like pulses, wheat, paddy, urad, peas, etc. are cultivated widely. Soybean, Alsi and groundnut are some of the oilseeds that are grown around the city. It is also a center for the state?s steel and other industries. Raipur has many educational institutions and universities like Indian Institute of Management, National Institute of Technology, All India Institute of Medical Sciences, Indira Gandhi Agricultural University, International Institute of Information Technology, etc. Although not a tourism-based city, Raipur has some places worth visiting such as the Shahid Veer Narayan Singh International Cricket Stadium, Shri Rajiv Lochan Mandir, Urja Park, Naya Raipur Central Park.

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Low interest rate Premium Bike Loan in Raipur, 13 August 2020 from Jammu & Kashmir Bank

The J&K Bank is a private sector banking and financial services company based in Srinagar, Jammu, and Kashmir. J&K Bank established on October 1, 1938, was the first bank in the country to emerge as a state-owned bank. On 1 October 1938, the Jammu and Kashmir Bank was founded by Maharaja Hari Singh (the Maharaja of Jammu and Kashmir). The eminent investors were invited by the Maharaja to become the founding directors and shareholders of the bank. The most notable investors were Abdul Aziz Mantoo, Pesten jee, Pandit Sriniwas Magotra, and the Bhagat Family, all of whom acquired a significant holding in bank shares. On 4 July 1939, the bank commenced the operations, and it was declared as the first semi-state-owned bank of with participation in capital by State and the public under the control of State Government. The bank had achieved the status of a scheduled bank In the year 1971 and was recognized as an "A" Class bank by the Reserve Bank of India in 1976. The bank had to face severe difficulties during independence time as out of its ten branches two branches of Muzaffarabad, Rawalakot, and Mirpur fell to the other side of the line of control (now Pakistan administered Kashmir) along with cash and other assets. As per the regulations of Indian Companies Act 1956, the bank was declared as a government company following the extension of Central laws to the state of Jammu & Kashmir.

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